The Surprising Turn in the Fed Chair Race: Who Will Prevail?
In a rather grandiloquent statement shared on X, Tillis proclaimed that the U.S. Department of Justice had completed its three-month probe into Powell’s dealings concerning the lavish renovation of the Federal Reserve’s headquarters-an endeavor more scrutinized than a cheap reality TV show. “I have been clear from the start: the U.S. Attorney’s Office criminal investigation into Chair Powell was indeed a serious threat to the Fed’s independence,” he declared, with a gravity worthy of a Shakespearean tragedy, “and it needed to conclude before I could muster any enthusiasm for Kevin Warsh’s confirmation.”






